SoftBank shares fell as much as 10.5% in Tokyo after reporting a quarterly loss of ¥1.12 trillion ($7 billion). The decline was mainly driven by a $3.7 billion writedown on US data center power equipment advances following changes to project plans. Financing costs of ¥462 billion added further pressure on its results. Despite the loss, SoftBank’s $64.6 billion investment in OpenAI is now valued at $99.6 billion, representing a 13% stake and $45 billion in cumulative gains. However, rising AI infrastructure costs and investment risks continue to weigh on investor confidence.
Was this writing helpful?
Story Ends Here
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
